Gerdau Balance Sheet Health
Financial Health criteria checks 6/6
Gerdau has a total shareholder equity of R$55.5B and total debt of R$12.5B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are R$81.9B and R$26.3B respectively. Gerdau's EBIT is R$6.2B making its interest coverage ratio 111.7. It has cash and short-term investments of R$8.8B.
Key information
22.6%
Debt to equity ratio
R$12.53b
Debt
| Interest coverage ratio | 111.7x |
| Cash | R$8.83b |
| Equity | R$55.52b |
| Total liabilities | R$26.34b |
| Total assets | R$81.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGBR3's short term assets (R$32.8B) exceed its short term liabilities (R$11.0B).
Long Term Liabilities: GGBR3's short term assets (R$32.8B) exceed its long term liabilities (R$15.3B).
Debt to Equity History and Analysis
Debt Level: GGBR3's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: GGBR3's debt to equity ratio has reduced from 56.4% to 22.6% over the past 5 years.
Debt Coverage: GGBR3's debt is well covered by operating cash flow (97.4%).
Interest Coverage: GGBR3's interest payments on its debt are well covered by EBIT (111.7x coverage).